April 5th, 2024, 2:54 PM GMT+0000
US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. But the Black jobless rate climbed sharply in March, with Black women seeing the biggest losses. “We’re keeping a very, very close eye on that and we’ll continue to work on closing that gap between Black-White unemployment,” Julie Su, acting US Labor Secretary, said on "Bloomberg The Open." (Source: Bloomberg)
